Over the forecast period the number of outlets within small local grocers is expected to continue to decline, although steady current value growth is still expected, with the projection of a current value CAGR similar to that for overall grocery retailers. However, the competition from supermarkets, hypermarkets and discounters is expected to hamper growth in small local grocers.
E-commerce is not set to take off and aid the overall sales of small local grocers in the coming years. The possibility of using Foodora for grocery retailing could help some tech-savvy small local grocers to expand their customer base.
The growth in small local grocers is expected to be moderate in the forecast period. The expectation of hotter summers due to global warming is likely to help boost the sales of trucks selling packaged ice cream.
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Understand the latest market trends and future growth opportunities for the Small Local Grocers industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.See All of Our Definitions
This report originates from Passport, our Small Local Grocers research and analysis database.
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